Welcome to the Hilton & Hyland Quarterly Market Report, our examination of Q2’s sales figures of the Los Angeles real estate market. This quarter, we brought to the market some incredible, architecturally significant listings, and earned unique features in the international press. The LA residential market ramped up, as the average days on market saw a significant decrease overall from Q1 in most markets. The average sales price per square foot of the ultra-luxury $20 Million+ market reached near record highs, rising to $2,473 per square foot. As the leading luxury real estate brokerage in Los Angeles, Hilton & Hyland currently enjoys a majority 37% of the $20 Million+ residential market share in 2019. We also maintain a dominant 34% market share of the $10 Million+ local residential market and 24% of our $5 Million+ local single family market respectively. As the definitive leader in the luxury real estate market, it gives us great pleasure to present this comprehensive report.
